Why is IT/OT convergence so disruptive? When a company grows, they can choose to expand vertically or horizontally or on both front. But this traditional process involves large CapEx. Instead, the enterprises can leverage their existing infrastructure and transform their operation without actually increasing their footprint. This transformation mainly depends on the stakeholder’s view and vision as capital requirement is minuscule at that point. Imagine perks like significant reduction in equipment downtime, inventory holding cost, maintenance cost etc. and still use existing infrastructure! Take a $1bn market cap company. 20% vertical expansion is about $200m CapEx. Now imagine 20% increased throughput courtesy of IT/OT convergence led Industry 4.0 adoption at a fraction of the cost! It’s a no brainer right?
IT/OT Convergence – Disruptive Possibilities
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